Corporate News: Page 6
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Fluor reports $21M loss, higher backlog
Strong awards and cash generation were countered by a large negative charge, according to one financial research analyst.
By Sebastian Obando • Feb. 21, 2024 -
Kraus-Anderson buys healthcare-focused Phoenix builder
Sonoran Crest Construction is the first acquisition for the 126-year-old Minneapolis firm.
By Matthew Thibault • Feb. 13, 2024 -
Trendline
Top 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
AstraZeneca to invest $300M in US cell therapy plant
The U.K. drugmaker is adding a facility in Rockville, Maryland, after a spate of dealmaking in the therapeutic field.
By Kristin Jensen • Feb. 13, 2024 -
AECOM Q1 revenue, profits up as backlog dips
CEO Troy Rudd cited strength in water, resilience and other infrastructure markets, but the firm pulled two previously announced deals from its development pipeline.
By Julie Strupp • Feb. 7, 2024 -
Jacobs profits, backlog jump amid advanced manufacturing boost
The Dallas-based company continues to add notable wins in its water infrastructure projects, according to the firm’s first quarter results.
By Sebastian Obando • Feb. 6, 2024 -
Builders announce executive moves to start 2024
Many major contractors made changes to their C-suites in the first several weeks of the year.
By Construction Dive Staff • Feb. 5, 2024 -
Intel’s $20B Ohio plant delayed
The semiconductor giant has halted its Licking County project, citing business conditions and the demand environment, but said construction will continue soon.
By Sebastian Obando • Feb. 5, 2024 -
Executive Moves
Blach Construction names industry veteran as CFO
Alex Llerena has more than 30 years of experience including stints at Bechtel, Cemex and Bradley Electric.
By Jennifer Goodman • Feb. 2, 2024 -
Executive Moves
STO Building Group makes 2 more executive appointments
President Michael Trovini and Chief Risk Officer Scott Allan previously worked at Related Cos.
By Joe Bousquin • Jan. 31, 2024 -
January 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country’s biggest builders.
By Construction Dive Staff • Jan. 31, 2024 -
Executive Moves
Hensel Phelps names new president, other leaders
The Colorado construction giant has tapped Brad Jeanneret and added new executive roles: chief administrative officer and chief health and safety officer.
By Julie Strupp • Jan. 31, 2024 -
Suffolk opens new Portland, Maine, office
The Boston-based builder will use the location to grow its presence in the education and healthcare building markets in Northern New England.
By Matthew Thibault • Jan. 25, 2024 -
What contractors need to know for 2024
It’s anyone’s guess what will happen in the next 12 months, but these insights from construction pros can help bring the year into focus.
By Construction Dive Staff • Jan. 25, 2024 -
Most leaders want to invest more in tech skills, talent in 2024
More executives see talent gaps as a key business risk in the next 18 months, compared to last year's responses to a Capgemini survey.
By Roberto Torres • Jan. 24, 2024 -
Executive Moves
Big-D Construction appoints Midwest president
The Salt Lake City-based contractor named Cory Schubert to run its St. Paul, Minnesota, office.
By Jennifer Goodman • Jan. 23, 2024 -
Q&A
Clayco’s new St. Louis president pivots from furniture industry to construction
Former Herman Miller executive Elizabeth Zucker sees overlap in the two sectors, including staff talent and modular solutions.
By Sebastian Obando • Jan. 23, 2024 -
Executive Moves
McCarthy continues executive buildout with new COO
The appointment of Joe Jouvenal to the operations role is the second C-suite move the contractor has announced in the past two months.
By Matthew Thibault • Jan. 19, 2024 -
Swinerton to pay $2.3M fine over alleged Clean Water Act violations
The San Francisco builder’s penalties stemmed from allegedly failing to use proper stormwater controls and conduct regular inspections across four solar farm sites in three states.
By Matthew Thibault • Jan. 18, 2024 -
Phoenix leads in manufacturing construction
The city has seen 14 major projects since 2020, and plants are cropping up in other areas with the labor pool to staff them, said a new report.
By Julie Strupp • Jan. 18, 2024 -
Executive Moves
Swinerton taps new COO following executive shuffle
Ray Haj will succeed David Callis, who became the contractor’s new CEO earlier this month.
By Matthew Thibault • Jan. 17, 2024 -
Executive Moves
Hill & Wilkinson names new CEO in executive shuffle
COO Mike Oswald will succeed Paul Driscoll in heading the Richardson, Texas, general contracting firm, among other leadership moves.
By Julie Strupp • Jan. 12, 2024 -
Stantec acquires Morrison Hershfield, boosts Canadian presence
Edmonton-based Stantec, which has more than half of its offices in the U.S., will grow its workforce in Canada by 10%.
By Matthew Thibault • Jan. 10, 2024 -
Executive Moves
Balfour Beatty names US civil CFO
Jenni Kelley will be the next chief finance executive for the London-based builder’s infrastructure arm in the U.S.
By Matthew Thibault • Jan. 9, 2024 -
Sponsored by Modular Building Institute
The 2024 World of Modular returns to Orlando for industry’s biggest event
The biggest event in commercial modular construction returns to Orlando, FL, March 18-21, 2024.
Jan. 8, 2024 -
Executive Moves
McCarthy taps IT lead for C-suite role
Justin McFarland will helm a host of corporate departments, including information technology, for the St. Louis-based builder.
By Matthew Thibault • Jan. 5, 2024